News

Highlights From Jerome Powell's Congressional Testimony
Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...
Fed Chair Jerome Powell grilled over ‘lavish’ HQ renovations: ‘Belong in the Palace of Versailles’
Powell said the Fed’s Eccles building, constructed between 1935 and 1937, “really needed a serious renovation,” saying that ...
A shadow Fed chief could lead to a ‘revolt’ on the FOMC against Powell’s successor, former vice chair warns
"If he or she contradicts what Powell is saying, that will aggravate the FOMC, almost all of whose members will still be ...
Jerome Powell is Finally Getting Specific
Simply put, Powell says he needs to wait and see June and July price data to know just how impactful and inflationary tariffs ...
Tina Smith Asks Jerome Powell: ‘Would You Agree That The Big Beautiful Bill Adds To The Deficit?’
During Wednesday’s Senate Banking Committee hearing, Sen. Tina Smith (D-MN) questioned Fed Chair Jerome Powell about the Big ...
Trump may name a ‘shadow’ Fed chair, an unprecedented development in American history
President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very soon.” The problem is that Powell still has 11 months left until the end of ...
Howard Lutnick Accuses Jerome Powell Over Trump Tariff Revenue
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
Catherine Cortez-Masto Asks Federal Reserve Chair Jerome Powell About Challenges For Community Banks
During Wednesday’s Senate Banking Committee hearing, Sen. Catherine Cortez-Masto (D-NV) questioned Fed Chair Jerome Powell ...